HNGIL slaps legal notice on BIRA 91 over ₹11.19 crore dues, threatens IBC route
Glass supplier HNGIL has issued a 15-day legal notice to B9 Beverages, maker of BIRA 91, demanding ₹11.19 crore in unpaid dues and lifting of 51.42 lakh customised bottles. The notice cites repeated recapitalisation delays and warns of insolvency proceedings, exposing deepening liquidity stress at the craft brewer.
Glass supplier HNGIL has issued a legal notice to BIRA 91 maker B9 Beverages, demanding ₹11.19 crore in dues and lifting of 51.42 lakh customised bottles, citing recapitalisation delays and threatening IBC proceedings against the cash-strapped brewer.